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Samson Soturian
FRANCE 24 English
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Comments by "Samson Soturian" (@samsonsoturian6013) on "US Fed hikes interest rate 0.75 points, biggest increase since 1994 • FRANCE 24 English" video.
Lose the sycophancy. Mr Biden has no control over monetary policy
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Don't need one
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No, it literally isn't. This is how you take dollars out of circulation
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It brings rates up enough that people have been dumping their stocks and lending the government money. Hundreds of billions of dollars are taken out of circulation and deleted this way.
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So? They're not in the same place we are
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Irrelevant
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@Yamamaass the interest rate rises because we need to delete all the money we printed in 2020. I don't have time to give you an econ 102 course
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